Legacy giving is a way of making a charitable gift to the Rick Hansen Foundation (RHF) in your last Will and testament. It can be a legacy gift or charitable bequest in your Will or a percentage of your assets. It could also include naming RHF as an inheritor. Legacy giving allows you to leave a lasting legacy for the next generation.
Why Leave a Legacy Gift to RHF?
When you make a gift in your will to RHF, you are ensuring that Rick’s dream of an inclusive world continues for generations to come. It shows your undeniable wishes to support breaking down barriers for people with disabilities and will amplify the important message that everyone deserves to be able to access any space, anywhere in Canada well beyond your lifetime. You’ll help ensure these human rights are respected and protected in the future.
How do I prepare a Will?
Making a Will is an essential part of life. It allows you to leave instructions on how your estate will provide for your loved ones. It also allows you to support important causes and, in so doing, have a lasting impact on the type of world you would like to pass on to future generations.
Gifts of RRSP’s or RRIF’s
You can name the Rick Hansen Foundation as the beneficiary of your RRSP or RRIF plan. Since this is an asset that resides outside of your estate, it is not subject to probate fees and the donation receipt may help offset other taxes on your estate.
Gifts of Life Insurance
Gifts of life insurance allow you to turn a small gift now into a big gift in the future. You can make a gift of a new or existing life insurance policy, naming the Rick Hansen Foundation as beneficiary and/or owner. The ultimate value of your gift will be far more than the premiums you pay and you could enjoy tax savings now.
Charitable Remainder Trust
A charitable remainder trust is a transfer of cash or property to a trustee, who holds or manages the trust, and ensures your named beneficiaries will receive income from your property for life or a predetermined time. When the trust terminates, the remainder is transferred to the Rick Hansen Foundation.
The above information is not intended as a substitute for professional advice. We strongly recommend that you discuss your plans with your lawyer and/or financial advisor before proceeding with a gift.
Already made a gift?
If you’ve already included a legacy gift to RHF or intend to, please let us know by contacting Sandra below. We’d love to hear what inspired you!
Get in Touch
We would love to hear from you! If you have any questions about how to leave a legacy gift, please reach out to:
Director, Resource Development